- For Compliance Officers -

Venezuela payments that hold up to regulatory scrutiny.

Every transaction on the Interstice platform produces a complete, immutable compliance record.

U.S.–Venezuela bridge with border checkpoint, coin stacks, and shipping containers

- The Core Problem -

Your invoices in Venezuela need to get paid.

U.S. correspondent banks have exited the Venezuela corridor. That doesn't eliminate your obligations to Venezuelan counterparties. The informal workarounds that fill the gap create exactly the compliance exposure you're trying to avoid:

Unscreened intermediaries

No audit trail connecting sender to recipient

No documented legal authorization

Interstice is purpose-built infrastructure for this corridor, with a documented legal basis, full-stack screening on both sides of every transaction, and an immutable on-chain record available on demand.

- Access Controls -

Everybody who has access to the Interstice platform has been pre-screened.

Access is gated. Neither the sending company nor the receiving counterparty can transact until both have passed a complete onboarding screen. There is no anonymous entry and no pathway around the verification requirement.

U.S. sender onboarding

Every U.S. company is onboarded through KYB and KYC via Troolio, with SDN screening against the OFAC list and all applicable global sanctions lists. The entity, its beneficial owners, and its authorized signatories are screened before the account is activated.

OFAC general license attestation

The sending company generates a structured attestation documenting the legal authorization for each payment at the time of the transaction, linked to the transaction record.

Venezuelan recipient onboarding

Every Venezuelan recipient completes KYB and KYC before receiving a payment, including:

SDN screening
Beneficial ownership verification
Optional enhanced in-country identity verification through a Venezuelan law firm with direct local access

Wallet screening

The recipient's wallet address is screened through TRM Labs before any payment is processed, covering:

The OFAC SDN list and all major global sanctions lists
Full prior transaction history
Indirect counterparty exposure
Runs on every transaction, not just at onboarding

A payment cannot be initiated until both parties have cleared screening and the recipient wallet has passed a real-time TRM Labs screen.

- Wallet Screening -

More thoroughly-screened than a bank wire.

Screening a bank account tells you the account exists and who it belongs to. Transaction history, counterparty exposure, and prior activity are not publicly available and not reliably obtainable through standard due diligence. A blockchain wallet address is different. The full transaction history of every address is public, permanent, and searchable. TRM Labs reads that history at the moment of the screen.

Standard bank account screening

Identity verified at account opening
SDN match on the account holder only
Periodic review cadence
Record available on subpoena

Interstice wallet screening

Identity verified at onboarding and per transaction
SDN match on the address and all prior counterparties
Indirect exposure flagged through ten-plus hops
Runs on every transaction
Record available immediately, on demand

TRM Labs is the blockchain intelligence platform used by the FBI, IRS Criminal Investigation, the DEA, the Department of Justice, the State Department, and ICE. When Interstice screens a recipient wallet, the same intelligence infrastructure the government uses to investigate violations is applied before the payment clears.

- Audit Trail -

A record you didn't have to ask for.

A bank wire produces a record inside a proprietary ledger, accessible only through subpoena, reflecting what the bank knew at the time. A stablecoin transaction is written permanently to a public blockchain the moment it confirms. No party can alter it. No custodian can lose it.

The compliance record for every Interstice transaction includes:

Sender KYB/KYC and SDN screening report
Recipient KYB/KYC and SDN screening report
TRM Labs wallet screen result for the recipient address
OFAC general license attestation generated at the time of payment
On-chain transaction hash linking all of it together

If a regulator asks about a payment three years from now, the record is complete and retrievable. It was generated automatically as a condition of the transaction clearing.

- Legal Basis -

Documented at the moment of use.

OFAC general licenses are self-executing authorizations available to any qualifying party. The legal burden is on the transacting company to confirm it qualifies and document that determination. Interstice structures that documentation into the payment flow. Before a transaction clears, the sending company generates a structured attestation confirming:

The applicable general license
The facts supporting its applicability to the specific transaction
The date and time of the determination

That record is linked to the transaction and retained in the compliance file.

Read the compliance primer

Interstice does not provide legal advice and does not determine whether a particular transaction is authorized. The platform provides infrastructure to document your company's determination in a structured format at the moment you make it.